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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

US can pull China out of dollar payment system, Dragon in tension

  The US is giving tensions to the dragon one after another due to a deteriorating relationship with the coronavirus. Now the Trump government can pull China out of the US Dollar Payment System (SWIFT) or cut its access. According to the Chinese newspaper South China Morning Post, Beijing is under tension regarding this possible move by the US.   The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a network used by banks around the world to report and receive financial transactions. It is a part of the infrastructure that makes the US dollar play an important role in international trade and investment.   Globally, banks have communication links with US banks, through which they conduct US dollar transactions. Through this payment system, White House can order US banks to stop transactions from any individual, institution or countries. The ruling Communist Party of China, which has surrounded the world about Xinjiang and Hong Kong, is in tens...

US five years behind in terms of economic growth, expected to return to track in third quarter

US Finance Minister Steven Mnuchin hoped the US economy would be back on track in the third quarter of the current year. He said that America is busy dealing with the Coronavirus and the economy affected by it is slowly moving towards reform. So far, more than 46 lakh cases of COVID-19 have been reported in the US while more than one and a half lakh people have died due to infection. The US has suffered the biggest economic decline of its modern history because of the COVID-19. Because of this, America has gone five years behind in terms of economic growth.   The US economy recorded a 32.9 per cent year-on-year decline between April and June. Mnuchin said, 'Coronavirus has badly affected our economy and there is no fault of anyone in it. The virus came from China and they should have been warned about it first. US President Donald Trump's government has been constantly accusing China of not alerting the world about the virus. However, China continues to deny these allegatio...

America and China face-to-face, China will not allow Microsoft to buy TickTok at any cost

China's official newspaper China Daily said in an editorial on Tuesday that the Chinese government would not approve the purchase of TikTok by Microsoft Corp. China will not accept the US takeover. If he is forced to sell, he can take action against Washington. This is by far the strongest defence by Beijing for Byte Dance Limited and its viral videos. Significantly, US President Donald Trump has threatened to ban TikTok by saying that the deal to sell it to Microsoft or another US company should be done before 15 th September. Major government media such as the Global Times have been quoted as saying that the process is similar to officially sanctioned theft. China Daily said that China would by no means accept antics such as forcibly buying a Chinese IT company. If the administration executes its planned loot and robbery, there are many ways to respond to it.   BiteDance has become the world's largest startup thanks to TikTok's success abroad. US lawmakers accused it...